Huawei beats Apple to become world's second-largest smartphone seller-Sino-US

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Huawei beats Apple to become world's second-largest smartphone seller

Huawei Photo: CNN

Huawei just beat Apple to become the world's second-largest smartphone seller behind Samsung.

Approximately 351 million smartphones were sold globally in the second quarter of this year, down 2 percent year-on-year.

Huawei sold around 54 million handsets for a 15 percent share of the market, an increase of over 40 percent compared to the same period last year, according to research firms IDC, Canalys and IHS Markit.

Samsung remains the leader in smartphone shipments globally, selling more than 70 million phones for a 20 percent share of the market, down about 10 percent from the same period last year.

Apple sold 41.3 million iPhones, up 1 percent, for a 12 percent market share.

Huawei, headquartered in the city of Shenzhen in South China's Guangdong province, is virtually locked out of the US market due to official concerns that its technology could be used by the Chinese government to gather intelligence.

The company denies that its products including telecom equipment pose a security risk.

Earlier this year, Huawei failed to clinch its first partnership with a major US carrier, after talks with AT&T fizzled out at the last minute. Having the backing of a wireless carrier is key to making inroads in the US.

"Despite its failure to forge a US carrier partnership ... the company has turned around quickly, moving away from its drive for profitability and focusing instead on finding volume growth at the low end," Mo Jia, an analyst with Canalys, said in a statement.

In its home market, Huawei is the leading smartphone maker.

For the second quarter, it reached a record-high market share of 27 percent in China, according to IDC, thanks in part to strong demand for its P20 and P20 Pro models, which sell for at least 3788 yuan and 4,988 yuan and were released in March.

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